Carsten Maschmeyer has taken the decision to step down from the Board of Directors of Swiss Life Holding Ltd with immediate effect and, at the same time, to reduce his equity stake in Swiss Life Holding Ltd from 5.05% to under 3%.
Carsten Maschmeyer, who was elected to the Board of Directors of Swiss Life Holding Ltd in 2009, gave the following reasons for his decision, “I am hoping that this will finally put an end to the unjustified attacks on my person and on AWD. I am also confident that, by taking this step, I will help to objectify public debate and bring clarity and focus back to the strengths of AWD.”

Rolf Dörig, Chairman of the Board of Directors of Swiss Life Holding Ltd, said, “The Board of Directors respectfully acknowledges Carsten Maschmeyer's decision. We would like to thank him for the valuable contribution he has made, as a successful entrepreneur, strategic thinker and renowned expert, on the Board of Directors of Swiss Life.”

Reduction in shareholding
On the subject of the reduction in his shareholding in Swiss Life Holding Ltd from 5.05% to under 3%, Carsten Maschmeyer comments, “AWD’s Best Select model and the outlook for the Swiss Life Group are both excellent. By resigning and selling my shares, I am proving the false allegations that I might exercise influence on AWD’s operations to be completely unfounded.”
Swiss Life
The Swiss Life Group is one of Europe's leading providers of life insurance and pension solutions. In Switzerland, France and Germany, the Group offers individuals and corporations comprehensive advice and a broad range of products through its own sales force as well as brokers and banks. Swiss Life provides international corporations with employee benefits solutions from a single source, and is one of the global leaders in structured life and pension products for international high net worth individuals.

The AWD Group has been part of the Swiss Life Group since 2008. Hanover-based AWD is one of the leading European financial services providers in the medium and high-income client segments and offers its clients comprehensive financial advisory services. Germany, the UK, Austria and Switzerland are the AWD Group's core markets.

Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss Life Group employs a staff of around 8100.
Cautionary statement regarding forward-looking information
This publication contains specific forward-looking statements, e.g. statements including terms like “believe”, “assume”, “expect” or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other important factors which may result in a substantial divergence between the actual results, financial situation, development, performance or expectations of Swiss Life and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers are cautioned that these statements are only projections and that no undue reliance should be placed on such forward-looking statements. Neither Swiss Life nor any of its directors, officers, employees or advisors nor any other person connected or otherwise associated with Swiss Life makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this publication. Neither Swiss Life nor any of the aforementioned persons shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this information. Furthermore, Swiss Life assumes no responsibility to publicly update or alter its forward-looking statements or to adapt them, whether as a result of new information, future events or developments or any other reason.